New Castle : Delaware

What it's Like to Retire in New Castle

New Castle is a very old and historic town of about 5,000 at the head of the Delaware Bay, south of Wilmington. Founded by Peter Stuyvestant in 1651, the town was an important center in colonial days, in fact it was the capital for a period of time. That rich history and the dozens of historical buildings is what makes New Castle such an appealing place for retirees today. Of course Delaware's low tax structure doesn't hurt either.

Where to Retire in New Castle and Home Prices

There are active adult communities in or nearby New Castle (see link at top right). Median home prices in late 2014 were about $145,000, according to City-Data.com.

What is special about New Castle

New Castle is rich in history and historic buildings. Some of those include the Old Courthouse, William Penn House, the Arsenal On the Green, etc. 'A Day in Olde New Castle' is an open house held every May in which many of the city's historic houses, churches, and public buildings are open to the public. Householders dress in colonial costumes.

What is not special about New Castle

The areas around New Castle can be urban gritty and have congested traffic.

Who will like retirement in New Castle

People who want to live in Delaware.

Local economy is driven by

People commute from here to various places, including Dover Air Force Base.

Climate and Physical Environment

New Castle is at the head of the Delaware Bay near the Delaware Memorial Bridge and Wilmington. The average July high temperature is 86 and the average January low is24. The wettest month of the year is July (4").

Restaurants & Cultural Scene

The local historical sites are rich, but for culture you will go to Wilmington, Baltimore, or Philadelphia.

Crime

Crime in New Castle is just over the national average.

Medical facilities

There are several hospitals just a few miles away in Wilmington.

Transportation

I 95 and I 495 are nearby. Philadelphia and Baltimore airports are fairly convenient.

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